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Your insider’s guide to finding the best electricity rates and energy plans in Hempstead
Whether you are a business owner, new resident, or long-time citizen of Hempstead, this comprehensive guide will enable you to find your best solution for an electricity plan.
Hempstead electricity rates
You have the power to choose your household’s electric provider in Hempstead, Texas.
ComparePower is a free consumer service started in 2009 to help residents of Hempstead shop for their lowest-rate energy plan.
Plan information is presented in a user-friendly format that enables quick and simple comparison of available plans and options.
Competing plans from several different energy providers are presented in a simple format that makes comparing your options simple and fast.
This assists Texas consumers in avoiding hidden markups and marketing gimmicks by comparing plans “apples-to-apples” without wasting hours and hours making phone calls or clicking around on dozens of different online sites.
55 Hempstead Electric Rates
These live rates for CENTERPOINT ENERGY HOUSTON ELECTRIC LLC service area were updated on . Pricing shown is based on an exact usage of 1000 kWh.
Electricity price trends in Hempstead
Energy in Hempstead has been deregulated. As a resident, you can choose a retail electricity provider (your energy company), which gives you control and power over your energy bills.
Deregulation of energy in Texas de-monopolized the energy market for most of the state, the city of Hempstead included, which introduced massive competition.
As a result, many excellent energy providers compete for your business in Hempstead by offering low prices, making it a great time to shop, switch, and save costs on your energy bill.
As many as 60-100 retail electricity providers compete for your business in Hempstead, and hundreds of plans exist to select from.
Average electricity rates in Hempstead
Updated June 2023
The average residential electricity rate in Texas is 14.46 ¢/kWh, 8.78% less than the U.S. average.
Got me the cheapest electric. Nice.Emily (TX, United States)
How to find the best energy plan in Hempstead
#1 rule: Usage is king!
Knowing how much electricity you will consume month-to-month is the best way to find a deal on electricity in Hempstead. Why is this important?
The rate you see energy companies advertising is for an exact monthly usage (usually 2000 kWh).
Every plan uses a different equation for how your monthly bill is determined, and your monthly bill will change according to how much power you use each month.
Unless you match the exact advertised usage each month, you will end up paying an effective “price per kWh” different than what you saw when you ordered.
Thankfully, there’s a better way to choose your electricity company.
Calculating your expected monthly bill based on anticipated monthly usage, then comparing rates with the total monthly bill is the best way to shop for the lowest rate for your household.
Better yet, if you have 12 months of usage history for your home, you can compare plans by total annual cost. This annualized method considers the changes in usage between the summer and winter months and is the best way to find the right energy plan for your home.
ComparePower does all the complicated math for you in an instant. What takes hours on a spreadsheet is now done in a few seconds.
We put you in the driver’s seat, taking what would amount to hours of research, spreadsheets, and calculations across hundreds of plans and navigating you step-by-step to the electricity plan that’s best for your home’s consumption.
We clarify the fine print, disclosing the various charges, so you’ll know exactly where your money is going and what to expect on your bill.
We then help you order your plan with your selected energy provider without leaving our service.
The takeaway here is you must know your expected or historical usage before selecting the right electricity plan for your home.
If you don’t know your usage, estimate
If you cannot acquire 12 months of historical usage, or you’re the owner of a brand new home, the next best thing is to estimate how much energy you will use in an average month.
Although knowing the previous 12 months of usage is optimum, it is far better to estimate the average energy consumption than to select the first electricity provider that you see advertised. After all, you have no idea how much energy you will use at that point.
Use ComparePower to find the best electricity plan for your specific usage.
Ready to find the best plan for your household? Enter your zip code to get started:
Moving to Hempstead: Setting up electricity
If this is your first time setting up electricity service in Hempstead, to get the best rate, you need to get the previous 12 months of energy usage for your new home.
Ask the previous homeowner to provide you with their past 12 months of usage.
This information is readily found in recent billing statements.
Acquiring usage for the past 12 months may take effort, but the time (and savings) will be well worth it.
Once you have historical usage, ComparePower will do the math instantly to help you find the best plan for your home’s usage pattern.
Note: If you cannot obtain historical usage information, a second option would be to estimate your future usage using our “Help Me Choose” tool. By simply entering your zip code, the tool can assess your home’s projected electricity consumption.
By signing up for a plan through ComparePower, you will receive automated reminders when renewing your existing plan or possibly switching plans.
Ready to get started? Enter your zip code below, and we'll guide you to the best energy plan for your new home.
Switching electricity companies in Hempstead
Switching is good. Market conditions are always changing, so it is important to shop for a lower rate each year when your contract is about to expire.
Your existing electricity provider will normally raise your energy rate once your term expires. If you fail to take action, you’ll be left on a month-to-month rate significantly higher than the plan you signed up for.
Before renewing your contract, check the rates of competing energy companies.
Switching can save you hundreds or thousands of dollars yearly on your electricity bill.
Switching is easy:
- You don’t have to contact your current provider to cancel (no “break-up call”)
- No one comes to your home
- There is no disruption in your electricity supply
- It takes just minutes
When you decide to switch, your new electricity company will take care of everything for you, including terminating service with your previous provider.
Your lights stay on when you switch. Electricity in Hempstead is all delivered by the Oncor Transmission and Distribution Utility.
The wires and poles that deliver electricity to your home do not change when you switch energy providers. Therefore the reliability of your service is not affected.
You can pick any date within 14 days of your contract expiration without an “early termination” penalty. That’s Texas Law.
If you’re still under contract, find out how many months remain on your contract. You can set a future start date with most companies up to 6o days in advance.
The amount saved each month by switching to a different electricity company may outweigh the one-time fee to get out of your contract early.
If you’re ready to switch and want to know how to find the best plan remember that understanding your usage is the best way to find the truly lowest price.
Keep in mind that when you get ready to switch and you want to know the most efficient way to find the right plan at the best rate, it is essential that you first understand your usage. To accomplish that, you will need to collect the usage history for the past 12 months.
Ready to find the best plan for your household's usage? Enter your zip code to get started:
Hempstead energy companies
Looking for a great electric company in Hempstead?
You can sign up for service with great electricity providers such as TXU Energy, Reliant, Direct Energy, and more.
Click on the provider of your choice to view prices, learn more, or sign up.
|Energy Companies in Hempstead||Phone Number|
|New Power Texas||888-316-0697|
No-deposit electricity plans in Hempstead
Need to find an energy plan in Hempstead that doesn’t require a deposit?
If assessed a deposit on your first plan selection, ComparePower will automatically show you other plans available without a deposit.
That saves you a lot of time and hassle. No more clicking around and calling electricity providers to find out if a deposit will be required.
Working for you, we will instantly review any deposit requirements for other plans, allowing you to get power and return to your regular activities stress-free.
Learn how to get no-deposit lights.
You may be eligible to waive the deposit if you meet one of the Texas Public Utility Commission §25.478 – Credit Requirements and Deposits.
If you have any questions about deposit waivers, you can contact us. One of our team members will get back to you as soon as possible.
Get your lights turned on the same day with No Deposit. Enter your zip code to get started:
Hempstead business power plans
If you run a business in Hempstead, you’re not alone.
Hempstead is home to many small and large companies and is a thriving place to run a business.
You need to shop for rates from competing providers to manage your electricity bill.
ComparePower bridges the gap between your business and energy providers by inviting various energy providers to compete for your business in a sealed bid process.
You enroll your information on ComparePower, and the companies will present their bids. You pick the lowest price. Simple, quick, and easy.
Click here to get competing quotes for your business electricity.
To learn more about smart meters or to download your electricity usage, visit Smart Meter Texas.
To report an issue with your electricity service or power outages in Hempstead, visit the Centerpoint website or call them at 1-800-752-8036.
For gas service in Hempstead, call or visit Hempstead’s official city website to determine who your provider is.
In Hempstead, water, garbage, sewer, and recycling services are usually handled by the City of Hempstead.
Other utility service areas in Texas
Not in the Centerpoint Service area? Search low electricity rates by service area and local utility company.
Click on your Texas Distribution Utility (TDU) below to compare electricity rates in your service area.
Don’t know your TDU? Use our zip code finder to search for your new low rate:
View electricity prices for zip codes in Hempstead
Find cheap electricity rates by zip code. Click on your zip code below to find competitive rates in your area.
Popular ZIP codes:
View electricity prices for cities near Hempstead
Are you looking for a cheap electricity rate in another city? Find your city below and click to sign up for a low-cost electricity plan.
Don’t see your city on the list? Use the zip code finder to search for your new low rate in your city.
- Houston, TX
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- Plano, TX
- Irving, TX
- Laredo, TX
- Midland, TX
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- Tyler, TX
- Richmond, TX
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- Abilene, TX
- Pearland, TX
- Mcallen, TX
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- Missouri City, TX
- Mission, TX
- Temple, TX
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- Galveston, TX
- Pflugerville, TX
- Harlingen, TX